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How to Calculate Net Worth – The Simple Dollar – Every financial move you make should be aimed at increasing your net worth. This means either increasing assets, or decreasing liabilities. (For a deeper look at net worth, check out What Does Your Net Worth Really Mean.) How to calculate net worth. calculating your net worth really isn’t all that hard.
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Your net worth is essentially a grand total of all your assets minus your liabilities.In other words, your net worth is the figure you get when you add up everything you own from the value of your home to the cash in your bank account and then subtract from that the value of all of your debts which may include a mortgage, car or student loans, or even credit card balances.
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Net worth is what you own minus what you owe. Enter your assets and liabilities into NerdWallet’s free net worth calculator to find yours.
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